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Tag: GM

27Jan

Ford, GM in talks to finance bankrupt First Brands during Chapter 11

Ford and General Motors are in negotiations with bankrupt car parts supplier First Brands Group ​over a potential financing package to keep the company operating ‌during its Chapter 11 proceedings,…
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20Jan

U.S. safety agency probes GM recall over engine failures in 597,000 vehicles

The U.S. National Highway Traffic Safety Administration said on Monday it opened a recall query into about 597,571 vehicles from General Motors over engine failure. The recall affects GM vehicles…
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13Jan

Mary Barra Says Weaker Fuel Rules Hit GM Harder Than Trade Shifts

Detroit: General Motors CEO Mary Barra said the Trump administration’s push to loosen fuel-economy rules has affected the automaker’s business even more than its fast-changing trade policies. Speaking at an…
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09Jan

GM to take $6B hit as it scales back EV investments

Detroit: General Motors said on Thursday it would take a $6 billion charge to unwind some electric-vehicle investments, the latest car company to pull back from EVs in response to…
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